"We nicknamed her Bean"
Status:
Join Date: Dec 2009
Location: Ontario, Canada
Posts: 991
Obviously, the demand for the services of these larger businesses hasn't dropped low enough, otherwise they would have dropped their prices already.
Big phone companies have to advantage of having high prices. With the money they've massed, they can easily created methods similar to Skype and offer it at low enough prices that Sykpe goes bankrupt and then raise prices again. It's easy enough to do, even easier to simply buy out the company. Neither of these have happened yet, leading me to believe that these new companies just aren't that big of a threat. I'm not going to pretend to know how these smaller companies work, but they definetly do not make nearly as much money as larger businesses do, meaning that they will be growing very slowly, slow enough that AT&T could come out with "Panorama" or something that does the same thing.